FOREX Dollar Index has risen back slightly and may move up towards 104 before reversing while Euro may re-test 1.08 while below 1.0950. Aussie and Pound have dipped back and could trade within 0.6550-0.6450 and 1.26-1.28 respectively. USDJPY has fallen sharply and needs to bounce from 145 to avoid further decline to 144. EURJPY has Read More
SGX Nifty Premarket
FOREX US GDP came in slightly lower at 2.1% compared to the earlier 2.4% estimate for Q2. Dollar Index fell to 102.936 but has risen from there. View is bearish while below 103.50. That said, Euro, Aussie, Pound have risen slightly and could head towards 1.0950, 0.65-0.6550 and 1.28 respectively. USDJPY has fallen sharply along Read More
FOREX The US JOLTS report showed a decrease in job openings yesterday along with the shrink seen in the consumer confidence. The markets would await the NFP data on Friday which if seen negative would ease inflationary pressure which could possibly indicate a further pause in the rate hike in the next FED policy meeting. Read More
FOREX Dollar Index and Euro can trade within 104.50-103.50 and 1.0750-1.0850 respectively. Aussie and Pound have risen slightly and needs to sustain the upmove to rise towards 0.6450-0.65 and 1.27 respectively. USDJPY looks bullish to 147 while EURJPY can soon target 159-160 on the upside. USDCNY is ranged within 7.25-7.32. USDRUB seems to be rising Read More
FOREX Dollar Index and Euro can trade within 104.50-103.50 and 1.0750-1.0850 respectively. Aussie and Pound have risen slightly and needs to sustain the upmove to rise towards 0.6450-0.65 and 1.27 respectively. USDJPY looks bullish to 147 while EURJPY has broken above 158 and can soon target 159-160 on the upside. USDCNY is ranged within 7.25-7.32 Read More
FOREX Dollar Index has risen above 104 and unless a fall is seen immediately, it can target 105-106. Euro has broken below 1.08 and could aim for 1.0750-1.07 before a reversal is seen. Aussie and Pound also trade lower breaking below 0.64 and 1.26 respectively. They can fall further towards 0.63 and 1.25 in the Read More
FOREX Dollar Index has risen above 104 and unless a fall is seen immediately, it can target 105-106. Euro has broken below 1.08 and could aim for 1.0750-1.07 before a reversal is seen. Aussie and Pound also trade lower breaking below 0.64 and 1.26 respectively. They can fall further towards 0.63 and 1.25 in the Read More
FOREX Dollar Index has fallen sharply from resistance at 104 pulling up Euro from support at 1.08. Pound remains ranged within 1.26-1.28 while Aussie can trade within 0.64-0.65 for a while. USDJPY and EURJPY have scope to dip to 144 and 157/156. USDCNY is ranged within 7.25-7.32 but has scope to rise towards 7.35/40 eventually. Read More
FOREX Dollar Index trades above 103 while Euro has scope to test 1.08 while below 1.0930/50. Pound remains ranged within 1.26-1.28 while Aussie can slowly move up towards 0.65-0.66. USDJPY and EURJPY have scope to rise while above 145 and 158; else a break below the mentioned levels can be vulnerable to a sharp fall Read More
FOREX Dollar Index looks bearish while below the resistance at 103.50. Euro, Aussie and Pound are moving up gradually and have scope to their immediate resistance in the near term. USDJPY and EURJPY have risen well and looks bullish to target further upside. USDCNY will remain bullish towards 7.35/40 as long as it sustain above Read More